Bad mortgage loans rise amid rate hikes
Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates.
Bangkokpost.com
Foreign interest in purchasing luxury residences in Thailand, including condominiums, houses and villas in prime locations, has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.
The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.
Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates.
Sena Development Plc will develop more low-priced and affordable condo projects in response to a potential decrease in purchasing power.
Foreign interest in purchasing luxury residences in Thailand, including condominiums, houses and villas in prime locations, has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.
The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.
SET-listed developer N.C. Housing Plc is not too concerned about the planned increase in the minimum daily wage, thanks to its prefabrication construction technology and ongoing cost control measures.
Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates.
Sena Development Plc will develop more low-priced and affordable condo projects in response to a potential decrease in purchasing power.
SET-listed Noble Development is unconcerned by the expected new government's pledges regarding minimum wage hikes as it has already included them in new cost estimates.
The expiration of the easing of loan-to-value limits has had an impact on two-thirds of listed developers, resulting in residential sales revenue declining in the first quarter of 2023.
The housing market will need to rely on foreign demand to stimulate growth, as domestic buyers are facing challenges in obtaining loans.
Central Pattana (CPN), Thailand's largest retail property developer under the umbrella of Central Group, reported strong growth in the first quarter of this year.
MAI-listed developer Thanasiri Group is open to partnerships with investors and landlords as the land and building tax nudges owners to utilise their assets.
A list of 100 role models honoured for their inspiring innovations to change the world sustainably is presented in an online exhibition titled "100 Faces Of Thailand's Innovation Inspirers 3".
Under the theme "Good Coffee For Everyone", the much-awaited Thailand Coffee Fest 2023 will be held from July 13-16 at Impact Exhibition Hall 5–8 in Muang Thong Thani.
CANNES, France: French director Justine Triet became the third woman to win the top prize Palme d'Or at the Cannes Film Festival on Saturday with her gripping and icy "Anatomy of a Fall".
